“Why Your Highway Has Potholes”

From Wall Street Journal, April 16, 2012

“Since 1982 government mass-transit subsidies have totaled $750 billion (in today’s dollars), yet the share of travelers using transit has fallen by nearly one-third, according to Heritage Foundation transportation expert Wendell Cox. Federal data indicate that in 2010 in most major cities more people walked to work or telecommuted than used public transit.

“Brookings Institution economist Cliff Winston finds that “the cost of building rail systems is notorious for exceeding expectations, while ridership levels tend to be much lower than anticipated.” He calculates that the only major U.S. rail system in which the benefits outweigh the government subsidies is San Francisco’s BART, and no others are close to break-even.”

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